Volkswagen's electric vehicle race with Tesla will be tight: DiessTesla, posing a challenge to German electric vehicle production with its new plant near Berlin, had the advantage of a blank slate start an...
01 Jun, 2022, 01.55 PM IST
What's driving the latest Volkswagen power struggle?Volkswagen's four-member mediation committee is planning to discuss Diess' future soon, sources have said, creating uncertainty around the ...
05 Nov, 2021, 02.49 PM IST
Volkswagen CEO demands 'revolution' to tackle TeslaThe German group -- whose 12 brands include Audi, Porsche and Skoda -- is pumping 35 billion euros ($40 billion) into the shift to electric...
04 Nov, 2021, 09.50 PM IST
Tesla's Elon Musk dials into Volkswagen executive conferenceWhen asked by Herbert Diess why Tesla was more nimble than its rivals, Musk said it came down to his management style and that he is an eng...
18 Oct, 2021, 11.30 AM IST
Elon Musk joins VW executive conference as ‘surprise guest’In a rare move by a corporate titan addressing a competitor, Tesla Inc.'s chief executive officer spoke in the video conference at the invi...
17 Oct, 2021, 11.56 PM IST
The money is there, Volkswagen CEO says of planned battery cell pushBuilding new battery cell plants, which usually cost around 2 billion euros ($2.4 billion) apiece, are a key requirement for Volkswagen's v...
07 Sep, 2021, 05.10 PM IST
Volkswagen's electric push 'can't go any faster', says CEOIn an interview with AFP and the Financial Times at the IAA motor show in Munich, Diess said the VW group "was really fast in changing" as ...
06 Sep, 2021, 10.19 PM IST
Volkswagen's CEO Herbert Diess to step aside at Skoda, SeatAt Seat, Diess would be succeeded by current technology head Thomas Schmall and at Skoda by Murat Aksel, head of procurement on the Volkswa...
29 Apr, 2021, 09.39 PM IST
Volkswagen as the next Tesla is firing up stock investorsThe stock started taking off last week as investors bought into the Germany company’s plan to supplant Tesla Inc. as the global leader in e...
24 Mar, 2021, 05.34 PM IST
Volkswagen CEO Herbert Diess 'not afraid' of an Apple electric carWhile Apple's plans are not public, Diess said its intentions as such were "logical" because the company had expertise in batteries, softwa...
14 Feb, 2021, 07.56 PM IST
Volkswagen CEO expects autonomous cars on market from 2025-2030Herbert Diess cited the improving performance of computer chips needed in autonomous cars while developments in artificial intelligence are...
06 Dec, 2020, 05.16 PM IST
Volkswagen faces leadership crisis as CEO Herbert Diess demands vote of confidenceThe multi-brand car and truck maker is convening its Executive Committee to discuss Herbert Diess's demand for the contract extension, more...
01 Dec, 2020, 02.22 PM IST
Volkswagen CEO says Joe Biden victory would better suit carmaker's strategyPresidential candidate Joe Biden moved closer to victory in the U.S. election as officials continued to tally votes in the handful of key b...
05 Nov, 2020, 05.06 PM IST
Volkswagen draws up plans to carve out LamborghiniThey said the German carmaker is looking to make Lamborghini a more independent unit within its stable of car brands and is discussing long...
01 Oct, 2020, 07.20 PM IST
Volkswagen replaces Herbert Diess as CEO of VW brandIn a statement published on Monday, Volkswagen said Brandstaetter, previously brand chief operating officer, would assume the new role on J...
08 Jun, 2020, 10.33 PM IST
Tesla is no niche automaker anymore: Volkswagen CEOThe words of praise may have been a response in kind to Musk who tweeted last month that Volkswagen's Herbert Diess was “doing more than an...
26 Oct, 2019, 08.16 AM IST
Volkswagen to cut engineering frenzy to revive profits amid emission scandalThe policy revisions are part of a 12-point strategy laid out to managers by the brand's new chief, Herbert Diess, according to people fami...
11 Jan, 2016, 11.31 AM IST